Listed by eXp Realty, Bought with LPT Realty LLC
$255,000
SOLD AUG 17, 2023

1926 SW 318th Place Unit 12D Federal Way, WA 98023

Lakota Neighborhood
3 Beds
2 Baths
1,443 Sq Ft
$600/mo HOA Fee

Recently Sold

$177 Per Sq Ft

9% Below List Price

5 Days on Market

Highlights

  • Clubhouse
  • Ground Level Unit
  • Sport Court
  • End Unit
  • Community Pool
  • Balcony

About This Home

As of January 2024

** ATTENTION INVESTORS** Priced for CASH buyer! Great potential as a rental- NO RENTAL CAP. Looking to move in? Purchase with hard money loan and refinance after renovation completed=instant equity. End unit has 1443 square feet and a 2-story floorplan. One bed and bath on the main level, plus 2 more beds sharing a full bath on upper level. Primary has a private deck and walk-in-closet! Utility closet conveniently located on the upper floor. Efficient kitchen has all the appliaces - even a dishwasher! Patio and well-maintained lawn out your back slider offer a place to soak up the sun. HOA provides athletic court, clubhouse, hot tub, playground, and an outdoor pool. Location is convenient to schools, shopping, dining, and freeways.

Last Agent to Sell the Property

Beth Rahman

eXp Realty License #110410 Listed on: 07/21/2023

eXp Realty

Last Buyer's Agent

James Sharpe

LPT Realty LLC License #113373

LPT Realty LLC

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2141360

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,787

Year Built

  • Built in 1978

Lot Details

  • End Unit
  • Southeast Facing Home

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,443 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Electric Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Balcony
  • Patio

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area maintenance, garbage, lawn service, road maintenance, sewer, snow removal, water
  • 201 Units
  • Emerald Management Association
  • Secondary HOA Phone (206) 641-9631
  • Tall Firs Condos
  • Federal Way Subdivision
  • Park Phone (206) 641-9631 | Manager Jessica Jones

Amenities

  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,787

Year Built

Built in 1978

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 31 - Condo (2 Levels)
  • Year Built: 1978
  • Inclusions: Dishwasher,Dryer,Microwave,Refrigerator,StoveRange,Washer
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Tall Firs
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 1443
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 0
  • RemodeledUpdated: false
  • UnitFeatures: Balcony/Deck/Patio,End Unit,Ground Floor,Walk-in Closet
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2141360?w=Consumer&agent=92675
  • Special Features: None
  • Cumulative Days on Market: 700

Interior Features

  • Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove/Range, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet, Balcony/Deck/Patio, Cooking-Electric, Dryer-Electric, Washer, Fireplace, Water Heater
  • Main Level Bedrooms: 1
  • Stories: 2
  • Bathrooms: 1.75
  • BathsFullMain: 0
  • FireplacesMain: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • FloorNumberOfUnit: 1
  • AppliancesIncluded: Dishwasher,Dryer,Microwave,Refrigerator,Stove/Range,Washer
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • Lot Features: Paved
  • View: No
  • Waterfront: No
  • Direction Faces: Southeast
  • Exterior Features: Metal/Vinyl
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1
  • ParkingSpaceNumbers: D

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Cooking-Electric,Dryer-Electric,Washer
  • WaterHeaterLocation: closet in dining area
  • WaterHeaterType: electric

Condo/Co-op/Association

  • Community Features: Athletic Court, Club House, Hot Tub, Playground, Pool
  • Park Manager Name: Jessica Jones
  • Park Manager Phone: 206-641-9631
  • Senior Community: No
  • Association Fee: 600
  • Association Fee Frequency: Monthly
  • Phone: 206-641-9631
  • Association: Yes
  • Pets Allowed: Subj to Restrictions
  • Common Interest: Condominium
  • AssociationContactName: Emerald Management
  • CoOp: false
  • CommonPropertyFeatures: Athletic Court,Club Houses,Hot Tub,Playground,Pool-Outdoor

Fee Information

  • Association Fee Includes: Common Area Maintenance, Garbage, Lawn Service, Road Maintenance, Sewer, Snow Removal, Water
  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Federal Way
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 8561100480
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • RentalCap: No Rental Cap
  • ShortTermRentalYN: false

Tax Info

  • Year: 2023
  • Tax Annual Amount: 2787

Multi Family

  • Number Of Units In Community: 201
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 19, 2024
Sold by
Casillas Luis
Bought by
Myers Tracy Ann Marie
Seller's Agent
James Sharpe
LPT Realty LLC
Buyer's Agent
Joana Evans
John L. Scott, Inc
List Price
$384,500
Sold Price
$375,000
Premium/Discount to List
-$9,500
-2.47%
Views
153
Current Estimated Value
$358,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,316
Avg. Annual Appreciation
-3.82%
Original Mortgage
$368,207
Outstanding Balance
$363,843
Interest Rate
7.03%
Mortgage Type
FHA
Estimated Equity
-$9,736

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 14, 2023
Sold by
Hendler Margaret E
Bought by
Casillas Luis
Seller's Agent
Beth Rahman
eXp Realty
Buyer's Agent
James Sharpe
LPT Realty LLC
List Price
$280,000
Sold Price
$255,000
Premium/Discount to List
-$25,000
-8.93%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
145.20%
Original Mortgage
$236,337
Interest Rate
6.81%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 27, 2000
Sold by
Yount Ben Frank and Yount Mary Lee
Bought by
Hendler Margaret Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
8.38%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 First American Title Insurance
Warranty Deed $255,000 Equity Title Of Washington
Warranty Deed $109,607 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $368,207 FHA
Previous Owner $236,337 Construction
Previous Owner $145,000 Unknown
Previous Owner $126,900 Unknown
Previous Owner $79,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $375,000 -2.5% $260 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $384,500 +50.8% $266 / Sq Ft
08/17/2023 08/17/23 Sold $255,000 -8.9% $177 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $280,000 -- $194 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,957 $340,000 $76,100 $263,900
2023 $2,932 $324,000 $52,300 $271,700
2022 $2,689 $293,000 $47,600 $245,400
2021 $2,695 $233,000 $42,800 $190,200
2020 $2,426 $220,000 $42,800 $177,200
2018 $2,359 $185,000 $38,000 $147,000
2017 $2,076 $163,000 $38,000 $125,000
2016 $1,989 $143,000 $33,300 $109,700
2015 $1,657 $131,000 $33,300 $97,700
2014 -- $111,000 $28,500 $82,500
2013 -- $73,000 $28,500 $44,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2141360

Northwest Multiple Listing Service (NWMLS)

APN: 856110-0480